Sourcing & Vendor Management:
Identify, evaluate, and onboard suppliers for garments accessories, trims, fabrics, and packaging based on business needs. Develop a strong vendor base for branding, printing, and outlet equipment, and build long-term partnerships to ensure quality, reliability, and cost efficiency.
Negotiation & Cost Optimization:
Lead price negotiations across all procurement categories to achieve targeted cost savings. Optimize commercial terms, including pricing, payment conditions, and delivery schedules, while driving continuous cost reduction without compromising quality or timelines.
Procurement Execution:
Manage end-to-end local procurement of raw materials such as fabrics, trims, accessories, and packaging. Ensure timely sourcing of goods and services required for outlet setup and daily operations, aligned with production plans.
Demand Planning & Forecasting:
Prepare seasonal demand forecasts in collaboration with production and sales teams. Maintain optimal safety stock levels at MCD to balance availability and carrying costs. Develop procurement budgets and coordinate with finance for effective financial planning. Forecast requirements for finishing, branding, and packaging materials.
Inventory & Procurement Control:
Monitor inventory levels to prevent stock shortages and overstocking. Review and validate purchase requisitions to ensure need-based procurement and maximize the use of existing inventory before initiating new purchases.
Payment Planning & Financial Coordination:
Plan and manage procurement-related cash flow and payment schedules. Ensure timely supplier payments and coordinate with finance to maintain fund availability and compliance. Handle claims related to quality issues, shortages, or discrepancies.
Documentation & Compliance:
Oversee the preparation and accuracy of purchase/work orders and all procurement documentation. Maintain organized records of quotations, comparative statements, payment ledgers, and savings tracking. Ensure compliance with internal controls, audit requirements, and company policies.
Reporting & Performance Analysis:
Analyze procurement and production data to support strategic decision-making. Prepare and submit regular procurement and payment reports to management and Group Finance, providing insights for cost control and operational efficiency improvements.
